NEVADA FREE TAXES COALITION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

Dave Rhamy

Phone

7029874625

Tax Period

2018-01-01 to 2018-12-31

NEVADA FREE TAXES COALITION, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $235K in total revenue in fiscal year 2018. Expenses of $269K exceeded revenue, resulting in a 15% operating deficit.

Mission

Prepare free of charge income tax returns for low and moderate income persons using the Volunteer Income Tax Assistance(VITA) program.

Program Service Accomplishments

Program 1

Expenses: $164,408

Prepared and filed over 7,000 personal income tax returns for low and moderate income persons.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $234,921

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $234,921

Expense Breakdown

Grants Paid $0

Salaries & Benefits $222,400

Fundraising Expenses $0

Program Expenses $164,408

Other Expenses $46,832

TOTAL EXPENSES $269,232

Year-over-Year Comparison

	2018	2017	Change
Revenue	$234,921	N/A	N/A
Expenses	$269,232	N/A	N/A
Net Income	$-34,311	$0	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kelly Blakeslee	Director	1.00	Director	$0	$0	$0
Minerva Honkala	Director	1.00	Director	$0	$0	$0
Jackie Ingram	Director	1.00	Director	$0	$0	$0
Dave Rhamy	Chairman	2.00	Officer	$0	$0	$0
Ray Lopez	Vice Chairman	1.00	Officer	$0	$0	$0
Eric McCloud	Secretary	1.00	Officer	$0	$0	$0
Virginia Fountaine-Love	Treasurer	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2018	$234,921	$269,232	$131,483	$-34,311